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Bitcoin has experienced a sharp price drop in recent days, but one well-followed crypto analyst remains undaunted. Popular chartist Egrag Crypto says Bitcoin is still in a bull market, even with the pullback. He believes what is happening now is only part of a larger repeating pattern that has played out since the end of 2022. According to him, this cycle is not over yet, and the market still has another strong upward move before an actual bear phase begins. Bitcoin Holds Strong Above Key Levels Egrag Crypto explains that Bitcoin follows a clear pattern that has been in place since December 2022. First, the price surges upward, then it retests support, bounces back, corrects slightly, and makes a new local high. Right now, the most critical level to watch is $103,000. As long as Bitcoin does not fall below that level, Egrag says there is no real danger. Instead, he expects one more big pump to arrive before the cycle tops out. His personal target for this move is between $150,000 and $175,000. In his view, this would mark the last push of the current bull run before the market flips to its next bear phase. Egrag stresses that corrections along the way are normal and should not cause panic. He believes traders often get caught up in short-term drops without realizing that they are only part of a larger trend. Looking at the bigger picture, it is clear that the Bitcoin bull market still has room to run. Market Parallels With Gold Suggest Bull Run Is Intact Egrag Crypto also draws a strong comparison between Bitcoin and gold. He points out that many analysts once thought gold had peaked at a technical target of $3,500. Instead, the price continued to rise due to what he calls a short squeeze. This sudden surge, he says, was meant to trap retail buyers into a “suckers rally.” He notes that gold demand is currently so high that even shop owners with decades of experience say they have never seen business like this. To Egrag, this kind of hype is usually a warning that the cycle is near its top. He expects gold to eventually fall by $600 to $1,000 once Russia and Ukraine restore peace, a move that he believes would once again confirm the cyclical nature of the market. For Bitcoin, the same lesson applies. Despite loud voices calling the bull run over, Egrag insists that the cycle is still alive. He views the current downturn as merely a pause before another significant surge. He plans to invest around $30,000 in the following macro cycle and later rotate into strong altcoins. In his view, staying patient and respecting cycles is the most effective approach.

Indonesia’s government has reached an agreement with Freeport Indonesia to halt operations at the Grasberg mine to prioritize the search for workers trapped after a recent accident, Reuters reported, citing the country’s mining minister. Two workers have died and five remain missing following a large mudflow earlier this month at the Grasberg Block Cave underground mine. Production at Freeport Indonesia has not resumed since the incident, with the suspension impacting both output and revenue, Minister Bahlil Lahadalia told reporters. Asked when operations would restart, he said the government and Freeport-McMoRan (NYSE: FCX) would discuss the matter. Freeport did not immediately respond to a request for comment. Lahadalia added that Indonesia and Freeport have also held talks on extending the company’s mining permit beyond 2041. On Wednesday, Freeport declared force majeure at the mine, which holds half of Freeport Indonesia’s reserves and is expected to supply about 70% of its copper and gold output through 2029. Freeport also issued updated third-quarter guidance, lowering consolidated sales expectations by about 4% for copper and 6% for gold compared to its July forecast. The announcement pushed copper prices to their highest level in more than 15 months on concerns over tighter supply. BMO Capital Markets said the announcement was broadly in line with expectations for a weaker second half of 2025 but noted that the preliminary 35% cut to 2026 production guidance is an incremental negative, with Grasberg output not expected to return to pre-incident levels until 2027. Read More: Goldman lowers copper supply forecast on Grasberg disruption, sees deficit in 2025 BMO analysts described Freeport’s suspension as a “negative near-term development that will likely put Freeport in the penalty box.” Adding to the disruption to the copper industry, Hudbay Minerals (TSE: HBM) said late Tuesday it was shutting operations at a mill at its Constancia mine site in Peru due to ongoing political protests. “The copper market has been, and continues to be, jolted by supply-side issues this year,” said Olga Savina, a commodities analyst at BMI, a Fitch Solutions company. “We expect any prolonged supply setbacks to further strengthen the bullish narrative for copper throughout the remainder of this year and possibly into 2026.” On Friday morning, three-month futures were trading down 0.75% at $10,496 per tonne ($4.7225 per lb.) on the CME. Click on chart for live prices. (With files from Bloomberg)

Up 56% since the onset of 2025, Silver is putting on a performance unseen in more than 15 years. The metal has finally broken out of the monthly upward channel that began in February 2020 during the Covid-era peak of fear and volatility, adding further fuel to the ongoing fire. With prices stretching back into April 2011 territory, the question is no longer whether buyers have what it need to reach preceding highs, but what—if anything—can slow it down from here. A piece published shortly after the FOMC had emitted the idea that the follow-up press conference hadn't expressed enough dovishness for metals to keep rising higher, amid some form of slowdown in the rally. But that couldn't have been more wrong: Despite a Dollar rally, both Silver and Gold pushed to new yearly highs – $3,791 for the Bullion and still pushing further but $45,52 for now in XAG. What we’re witnessing now is nothing short of a vertical leap, as Silver attempts to close the long-standing gap with Gold in terms of relative strength. Gold/Silver ratio Monthly Chart, 26/09/2025 – Source: TradingView Looking at 70x, which was a key pivot ratio in the metals since 1995 and assuming a $3,700 Gold price, Silver would be trading around $52.50. That would also assume a continued rally for metals. From how it looks, the ratio does seem to be converging after reaching 105x in April 2025. Let's now dive into Multiple timeframes to spot where XAG could be going. Weekly Chart Silver Weekly Chart, September 26, 2025 – Source: TradingView Taking a look to the weekly timeframe helps to see how strong the ongoing rally is – absolutely stellar. The previous trough in the metal was in August 2022 when the global hike cycles peaked, at around $17.30 – Metals and in general non-yielding assets tend to underperform when rates are rising. Since however, Silver is up 160% and still counting. I'd like to put some emphasis on how important the Monthly Channel breakout could be for trend traders – Keep an eye on the ongoing parabolic move. Silver 4H Chart and levels Silver 4H Chart, September 26, 2025 – Source: TradingView Since August 20th which came right before Powell's Jackson Hole conference, the metal has been on a consistent uptrend, lifted by rate cut hopes and data going towards that direction, added with some momentum and tense geopolitcs. The post-FOMC Friday push easily broke through the $44 resistance which now acts as a major pivot for momentum. Trading above maintains the upward trajectory but any big correction below will also have to be kept in check. There is some small profit-taking going on right now at $45.60 highs, but a $46.50 target could also be spotted when looking at Fibonacci-extensions. Despite the ongoing rally, it could be important to watch how other metals (gold particularly) and the US Dollar perform looking forward, and also keep an eye on their correlation. Levels to watch for Silver (XAG) trading: Resistance Levels: Daily peak $45.60$46 to $46.45 Fib-projection Key level and April 2011 pivot$49.81 Current All-time highs also reached in April 2011$52.50 potential targetSupport Levels: $43 to $44 resistance now pivot$42.00 to $42.00$38.75 to $39 Key levels2012 Highs Support around 37.50 Safe Trades! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

BlackRock has filed for a $12.5 trillion Bitcoin Premium Income ETF, sending digital asset markets and institutional circles abuzz. Unlike BlackRock’s previous offering – iShares Bitcoin Trust (iBIT), its proposed Bitcoin Premium ETF is built around a covered-call strategy designed to generate yield for its investors. By employing options on Bitcoin, BlackRock aims to deliver regular income distributions which appeal to yield-seeking investors who want exposure to Bitcoin but prefer to temper volatility. Bloomberg ETF analyst Eric Balchunas took to X to say, “Given all the other coins about to ETF-ized, it’s notable BlackRock is going another bitcoin product, which signifies they are going to build around BTC and ETH, and lay off the rest, at least for now. This makes the horse race for these other coins much more wide open. No Secretariat to contend with.” “On flip side, all the other bitcoin covered call ETFs currently on the market or in registration just sh*t their pants,” he added. According to popular X user Crypto Ex-Insider, “BlackRock isn’t going all in, it’s engineering products Wall Street can’t ignore.” Meanwhile, Leon Waidman, the head of research at Onchain Foundation, said, “BlackRock built a quarter-billion-dollar business, almost overnight. For comparison, many fintech unicorns don’t make that in a decade. This isn’t experimentation anymore. The world’s largest asset manager has proven that crypto is a serious profit center.” DISCOVER: 9+ Best Memecoin to Buy in 2025 iBIT Solidified BlackRock As Preeminent Provider Of Regulated BTC Funds iBIT launched in early 2024. It has amassed over $87 billion in assets. iBIT alone controls about 60% of the US Bitcoin ETF market and has generated more than $218 million in annual revenue from its Bitcoin products, complemented by $42 million from Ethereum funds. IBIT overtook BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in terms of assets under management, IBIT’s surge is pivotal. It indicates an increase in institutional demand for regulated Bitcoin exposure. EXPLORE: BlackRock’s spot Bitcoin ETF IBIT Surpasses S&P 500 ETF Annual Revenue Key Takeaways BlackRock now holds over 706,000 Bitcoin—valued at a jaw-dropping $71 billion—and manages more than 3.8 million Ethereum tokens, giving the asset manager unprecedented influence in digital asset custody and institutional strategy. The move comes on the heels of staggering success for BlackRock’s crypto arm. The post BlackRock Files For A New Bitcoin Premium Income ETF appeared first on 99Bitcoins.

Investors are awaiting the release of the PCE indices. If the PCE figures come in weaker than forecast (and especially weaker than the previous readings), signaling a slowdown in inflation, the dollar will almost certainly resume its decline. On the other hand, a stream of positive macroeconomic data from the US and lingering risks of further inflation growth are contributing to dollar strength. Therefore, both a renewed decline and a continuation of the upward correction are possible. Meanwhile, a downward correction continues on the crypto market, partly due to the strengthening of the dollar. For instance, Ethereum (ETH) yesterday dropped below 3,900.00 for the first time since early August, and bitcoin fell below 109,000.00, its lowest level since September 3. Among the reasons for the decline, analysts point to the current uncertainty regarding the Fed's next steps on interest rates and cascading margin position liquidations, which have exacerbated the drop. The crypto market again lost billions in capitalization, despite a slight recovery earlier in the week. Nevertheless, investors are trying to remain optimistic, expecting that ongoing market instability will continue to support cryptocurrencies as safe haven assets. The development of clear legal rules will also aid their adoption. Among possible growth drivers, crypto market experts highlight: Government buying alongside major cryptocurrency holders—the ongoing trend of adding cryptocurrencies to countries' reserves. A weak dollar and low interest rates—the Fed could continue policy easing. Institutional demand. ICO and token regulation—creating a legal framework to attract new capital. For the time being, the so-called "fear and greed" index stands today at 51 (out of 100), in neutral territory: investors are taking a wait-and-see approach ahead of the PCE report. However, optimism still prevails among crypto market experts. In their opinion, Ethereum could reach $7,500 and Bitcoin $200,000 by the end of the first quarter next year. But we would note that this outlook holds only if the Fed continues to cut interest rates. It is Ethereum that is stimulating the growth of the non-bitcoin segment of the market, as reflected in the increased interest in the asset from investment companies. Conclusion So, the key event of today's trading session and economic calendar is the release (at 12:30 GMT) of the US PCE indices and the University of Michigan report (at 14:00 GMT) with the final estimate of consumer sentiment and inflation expectations, which could confirm the resilience of consumer spending and set the tone for markets for the coming week. After that, investors will turn their attention to the upcoming US Department of Labor report (next Friday at 12:30 GMT) with September's employment data, which may determine the dollar's trend—and thus key crypto pairs—until mid-October and the release of new US inflation data. As is well known, inflation figures, together with labor market and GDP dynamics, are the key indicators the Fed considers when making monetary policy decisions. The material has been provided by InstaForex Company - www.instaforex.com

Aster has been in the spotlight since last week, drawing intense attention as the broader crypto market shifted into a corrective phase. Launched on September 17, the token has staged an extraordinary rally, surging by more than 6,000% in just days—a move that has quickly established it as one of the most talked-about projects in the industry. Traders and investors worldwide have taken notice, with many pointing to Aster’s rapid rise as a reflection of the strong appetite for innovative projects in decentralized finance. What sets Aster apart is that its surge isn’t solely speculative hype. The project is backed by Yzi Labs (formerly Binance Labs) and enjoys the public endorsement of former Binance CEO Changpeng “CZ” Zhao, lending credibility and visibility from the start. Positioned as a direct competitor to established perpetual DEXes, Aster has the backing and branding to carve out a significant share of the market. However, the rally has not been without turbulence. After reaching its all-time high (ATH) on Wednesday, ASTER has retraced more than 28%, highlighting the volatility that often follows parabolic moves. As the market recalibrates, the coming days will reveal whether this correction is a healthy reset or a warning of deeper pullbacks. MrBeast’s ASTER Purchase Sparks Debate Among Traders Aster’s meteoric rise has gained another twist with a surprising development reported by Lookonchain: MrBeast, one of the most influential YouTubers and internet personalities, has stepped into the ASTER market. According to on-chain data, MrBeast bought 538,384 ASTER, valued at roughly $990K, over the past three days. He facilitated the purchase through two wallets—his public address (0x9e67) and a newly created one (0x0e8A)—after depositing 1M USDT into the ecosystem. Based on calculations, his average entry price is around $1.87, placing him in profit despite ASTER’s recent volatility. For some traders and investors, MrBeast’s entry is a bullish signal. The reasoning is straightforward: having a major global influencer publicly associated with ASTER could further boost its visibility, adoption, and speculative interest. His reach, spanning millions of followers across platforms, could act as a catalyst for sustained hype and liquidity inflows. However, not everyone sees this development positively. Certain analysts view such big-name entries as potential “top signals.” They argue that when mainstream figures publicly buy into rapidly surging assets, it often marks the peak of speculative mania rather than the beginning of further gains. Regardless of the debate, one fact remains: MrBeast’s involvement has fueled the already intense buzz surrounding ASTER. Whether this marks the beginning of a new growth phase or a cautionary moment, the hype cycle continues to dominate market sentiment. Price Analysis: Consolidation Around Key Levels ASTER is currently trading around $1.84, showing signs of stabilization after a sharp pullback from its recent highs above $2.40. The 1-hour chart highlights how selling pressure intensified following the peak, with a sequence of lower highs confirming short-term weakness. However, the token has managed to hold near the $1.80–$1.85 zone, where the 50 EMA (green line) is now acting as a dynamic support level. Trading volume spiked notably during sell-offs, suggesting aggressive profit-taking fueled the correction after ASTER’s parabolic surge since launch. Despite this, recent candles display shrinking volume, which often indicates that bearish momentum is fading. If bulls can defend the current range, a consolidation phase could set the stage for a potential recovery. On the upside, ASTER faces immediate resistance near $1.95–$2.00, aligned with the declining 200 EMA (blue line). A break and close above this level would strengthen the case for a rebound toward $2.20. Conversely, failure to hold above $1.80 could open the door to deeper losses, with support at $1.60. Featured image from Dall-E, chart from TradingView

US Core Personal Consumption Expenditures (PCE) August YoY (ex. Food & Energy): +2.9% vs +2.9% expected, meets consensusUS Core Personal Consumption Expenditures (PCE) August MoM (ex. Food & Energy): +2% vs +0.2% expected, meets consensusUS Personal Consumption Expenditures (PCE) August YoY: +2.7% vs +2.7% expected, meets consensusUS Personal Consumption Expenditures (PCE) August MoM: +0.3% vs +0.3% expected, meets consensusUS Personal Income August MoM: +0.4% vs +0.3% expected, above consensus by +0.1%US Personal Spending August MoM: +0.6% vs +0.5% expected, above consensus by +0.1%US Personal Consumption Expenditures (PCE) Report (August 2025): US PCE Report (August 2025), U.S. Bureau of Economic Analysis Breaking: US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all meeting consensus, while personal income and spending came in marginally higher. Key takeaway: The Federal Reserve’s ‘preferred’ inflation gauge, personal consumption expenditures (PCE), is rising in line with expectations. Meeting consensus in today’s report, should inflation also remain under control by other metrics, this would support the notion of further easing efforts. “From the preceding month, the PCE price index for August increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.2 percent. Personal income increased $95.7 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $86.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $129.2 billion (0.6 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $132.9 billion in August. Personal saving was $1.06 trillion in August and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.6 percent.“ US Personal Income and Outlays, August 2025, U.S. Bureau of Economic AnalysisMarket Reaction Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Many analysts believe that next summer, the leading cryptocurrency could reach a staggering $200,000. They estimate the likelihood of this scenario at 50%. This forecast may come true if the asset rides the wave of growth. Throughout this week, the price of Bitcoin has risen by almost 6%. This has given hope to analysts and market participants for a further upward move in the first cryptocurrency. According to crypto analyst Timothy Peterson, by June 2026, the BTC price could reach a new all-time high of $200,000. The expert puts the odds of hitting such a peak at 50%. By the end of this week, Bitcoin has remained stable: on Friday, September 26, it started sideways trading near $109,506. BTC's daily low was $108,713, and the high was $112,636. Optimistic forecasts for Bitcoin's price According to T. Peterson, for the crypto market to hit the $200,000 target, it would require an average monthly return of 7%, implying an annual gain of 120%. In addition, the analyst has suggested two potential bullish scenarios for BTC's trajectory. Some of these scenarios point to a new record high of $240,000, while a more conservative outlook suggests a rise to $160,000. However, the current BTC dynamics are far from optimistic. At times, Bitcoin, the market heavyweight, has fallen below $111,000 and is now trading just above $108,000. According to experts, this is the weakest level seen in September. BTC's current market capitalization is $2.17 trillion, and daily turnover exceeds $75.54 billion. Investors anticipate Friday's PCE reports Despite optimism regarding long-term forecasts, the crypto market's short-term momentum has not been without issues. On Thursday, September 25, Bitcoin and other cryptocurrencies like Ethereum (ETH), XRP, and Solana (SOL) all saw sharp declines as investors turned their attention to upcoming economic data. Market participants are focused on the Friday release of the US personal consumption expenditures (PCE) reports, which serve as the Fed's preferred inflation metric. These indicators can affect future rate decisions. When interest rates fall, more stable assets like bonds or stocks offer lower yields, prompting investors to shift into riskier assets such as cryptocurrencies. Earlier this week, the crypto market experienced a significant sell-off, marking the year's largest reduction in leveraged positions. At the start of the week, many digital asset investors scaled back their bullish bets built after the Fed's recent 25 basis point rate cut. The recent drop was a notable event in a volatile week. For many, the current BTC trend is seen as a tactical retreat, not a capitulation. Amid rising liquidity and pressure on market leaders, investor focus has shifted to the upcoming economic data. Positive reports are expected to help digital assets recover lost positions. Nevertheless, the crypto market remains tense: over the last three weeks, its capitalization fell to a low of $3.83 trillion. "The crypto market is sinking further below its 50-day moving average," analysts noted. At the same time, altcoins—as well as some developed world currencies—have lost ground since the Fed's rate cut. Since Tuesday, September 23, the main US stock indexes—the Nasdaq100 and the S&P 500—have joined them. A surprise revision to US GDP, registered on Thursday, September 25, rattled macro-sensitive assets and put the crypto sector back in the spotlight. Notably, in Q2 2025, the US economy grew by 3.8%, far exceeding expert estimates. This pushed Treasury yields to a three-week high and decreased the likelihood of further rate cuts. Bitcoin suffered the most, breaking below $109,000 and hitting its lowest level in a month. Losses in Ethereum intensified, and crypto-related stocks such as MicroStrategy (MSTR) fell 4.5%. Recall that MicroStrategy is the largest corporate holder of BTC. Against this backdrop, the implied volatility of Bitcoin dropped to its lowest since 2023. According to XWIN Research, current blockchain data indicate a "calm before the storm." Previously, such conditions preceded explosive growth. CoinW analysts agree: "Negative funding rates, seasonal patterns, and inflows into institutional ETFs all increase BTC's odds of growth." CoinGlass data shows that in October, the flagship asset has strengthened in 10 of the last 12 years. The economic situation also remains in limbo. If US inflation turns out to be moderate, further Fed rate cuts are possible. In this scenario, market liquidity would rise, experts emphasize. This, according to QCP Capital analysts, would be the main driver for Bitcoin's growth momentum in October. The material has been provided by InstaForex Company - www.instaforex.com

The Japanese yen has stabilized on Friday. In the North American session, US/JPY is trading at 149.61, down 0.11% on the day. The yen has taken a beating over the past two days, falling 1.5%. Tokyo Core CPI remains unchanged at 2.5% Tokyo Core CPI held steady in September at 2.5% y/y. This matched the downwardly revised August reading and was lower than the market estimate of 2.8%. Tokyo Core CPI excluding food and energy dropped to 2.5%, down sharply from 3.0% in August. Food inflation remains high but eased to 6.9% in September from 7.4% in August. The Bank of Japan will include this data in the mix when it meets next on October 29-30. Aside from inflation, BoJ policymakers will be looking at the impact of US tariffs on the economy. The BoJ held rates last week, but there are signs of a hawkish shift, as two members dissented and voted to hike rates from 0.5% to 0.75%. A rate hike is likely in the pipeline but the BoJ is not known for its transparency and prefers to keep the markets guessing about its rate moves. US PCE creeps higher The US PCE Price Index, which is the Federal Reserve's preferred inflation indicator, ticked higher in August. Annualized, PCE rose to 2.7%, up from 2.6% in July and in line with the consensus. Monthly, PCE gained 0.3%, up from 0.2% in July and matching the consensus. With inflation largely under control, the Federal Reserve's priority has shifted to the US labor market. The last two nonfarm payrolls reports showed marginal job growth and missed expectations, raising concerns that the labor market is quickly losing steam. If next week's nonfarm payroll report is soft, it could cement an October rate cut. USD/JPY Technical USDJPY is testing support at 149.75. Next, there is support at 149.62There is resistance at 149.89 and 150.02 USDJPY 1-Day Chart, September 26, 2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

US stock market closes in red amid Fed policy uncertaintyThe US stock market ended the day in the red, with the S&P 500 index falling amid ongoing uncertainty surrounding the Federal Reserve's next steps in monetary policy. The US Labor Department reported a decline in initial jobless claims, signaling a stable labor market. At the same time, analysts note that the persistent gap between strong employment data and investor sentiment is contributing to heightened market volatility. Read more at the link. S&P 500 and Nasdaq under pressureOn Thursday, the S&P 500 and the Nasdaq indices dropped by 0.50%, as investor concerns grew over elevated stock valuations and mixed signals from the Federal Reserve. Studies show that markets remain under pressure due to uncertainty about potential interest rate policy changes. However, some experts believe the current decline could be a short-term correction before a new rally. Read more at the link. Risks of overheated marketAnalysts warn that markets are caught in a state of uncertainty due to high equity valuations and the possible consequences of Federal Reserve rate cuts. Investors are increasingly concerned about a potential tech bubble, reminiscent of the dot-com crisis. Some analysts suggest that a sharp asset revaluation could trigger a chain reaction across global markets. Read more at the link. Reminder: InstaForex offers the best trading conditions for stocks, indices, and derivatives, helping you profit effectively from market volatility. The material has been provided by InstaForex Company - www.instaforex.com

Jobless Reincarnation A potential U.S. government shutdown on October 1 could not come at a worse time for financial markets. Just two days later, the September employment report. the most closely watched piece of economic data, is scheduled for release. With traders laser-focused on U.S. job growth as a guide for Federal Reserve rate cut expectations, any delay would leave markets sailing without a rudder. Why the Timing Matters The Fed is walking a tightrope: despoite Trump’s Pressure on the Fed Jobs market: Data shows signs of softening, raising recession concerns. Inflation: Remains sticky, keeping the Fed cautious on cutting rates too quickly. The non-farm payrolls report (NFP) is the Fed’s most critical input. A shutdown-induced delay would increase uncertainty, amplifying volatility across currencies, bonds, and equities. With the next FOMC decision scheduled for October 29, traders would face nearly a month of policy speculation without fresh labor market guidance. CME FedWatch (88/12 odds infavor an Ocotber 25bps rate cut Source: CME FedWatch Tool Jobless Reincarnation What Happens During a Government Shutdown A shutdown halts many federal agencies responsible for releasing key data: Bureau of Economic Analysis (BEA): GDP, PCE inflation, and trade data delayed. Census Bureau: Retail sales, housing starts, and durable goods orders suspended. Bureau of Labor Statistics (BLS): CPI and employment reports paused unless Congress provides special funding. Exceptions That Continue: Department of Labor: Weekly jobless claims still released (state-administered). Energy Information Administration (EIA): Often continues releasing vital energy statistics. Federal Reserve: FOMC statements, industrial production, and the Beige Book remain unaffected. In short: most major economic data stops, while weekly claims and Fed releases continue. Market Impact: More Than Just a Delay Under normal circumstances, markets would adjust to missing data. But today’s backdrop is different: Investors are debating how many Fed rate cuts will occur this year. A delay in the September payrolls would leave global traders adrift without the single most important economic compass. Bond markets, already volatile, could see heightened swings as traders price in scenarios without official labor data. History shows U.S. government shutdowns are temporary, but timing is everything. If one begins on October 1, it risks disrupting the release of the September jobs report just when global markets need it most. With the Fed’s credibility and rate path in the balance, even a short delay would create uncertainty across currencies, commodities, and equities worldwide Take a FREE Trial of The Amazing Trader – Charting Algo System The post U.S. Government Shutdown Threatens to Delay Key Jobs Report and Shake Global Markets appeared first on Forex Trading Forum.

Dogecoin’s weekly chart is flashing one of technical analysis’ most recognizable continuation structures, with crypto analyst badger (@badger0102) mapping a potential macro cup-and-handle that spans the entire 2021–2025 cycle and projects upside far beyond prior peaks. “DOGE 1W – Potential macro cup and handle forming,” the trader wrote alongside a TradingView screenshot of DOGE/USD (Binance). At the time of the chart, price printed around $0.2268, sitting squarely between the 0.50 and 0.618 Fibonacci retracements of the measured move. Dogecoin Cup And Handle Signals Explosive Potential The “cup” portion traces a multi-year basing arc from the euphoric 2021 blow-off through a prolonged decline into the 2022–2023 trough and a rounded recovery that accelerated in 2024. That left rim is defined by the 2021 distribution area and a dashed, falling trendline that guided price lower until being conclusively broken during the 2024 advance. The low of the base aligns with the 0.00 Fibonacci anchor near $0.0491, while the right rim formed during the Q1–Q2 2025 thrust that stalled just beneath the 0.786 retracement at ~$0.4181 and ahead of the 0.886 at ~$0.5490, marking the structural “lip” of the cup. Following that surge, DOGE carved a classic “handle” pullback into mid-2025, bottoming in the $0.14 region—neatly bracketing the 0.382 retracement at ~$0.1391—before pivoting higher. The rebound has since reclaimed the 0.50 at ~$0.1919 and is pressing toward the 0.618 at ~$0.2646, the first key level bulls must clear to maintain the handle’s constructive geometry. As drawn, the handle’s depth remains proportionate (approximately a 38–50% retrace of the right-rim advance), preserving the pattern’s validity on a weekly timeframe. The chart lays out an orderly ladder of resistances and targets should momentum persist. Above $0.2646 (0.618), the structure’s neckline/rim zone emerges between the mid-$0.30s and low-$0.40s, capped by the 0.786 at ~$0.4181. A weekly close through that band would constitute the textbook cup-and-handle breakout and opens measured-move and extension objectives higher up the stack: 0.886 at ~$0.5490, the 1.000 extension near ~$0.7488, and the 1.128 at ~$1.0611. The chart’s focal marker is a highlighted circle at the **1.414 Fibonacci extension—approximately $2.3119—framed as the macro target if the pattern completes and trends extend. On the downside, the handle’s structure provides a clear invalidation map. Immediate support rests at the 0.50 ($~0.1919), followed by $~0.1391 (0.382) and $~0.0934 (0.236). A sustained loss of the handle low in the mid-$0.15s would undercut the pattern, risking a return toward the deep-base band above $0.05 anchored at $0.0491. Contextually, the multi-year rounding base underscores a significant shift from distribution to accumulation, evidenced by the break of the long dashed downtrend drawn from the 2021 high through 2022–2023. The right-side advance and orderly handle retracement fit the classic momentum-pause-continuation sequence technicians look for on higher-timeframe charts. Confirmation, however, remains conditional on follow-through: bulls need to absorb supply into $0.26–$0.27, attack the $0.35–$0.42 rim, and then register a weekly breakout with expanding range to activate the upper Fibonacci targets. At press time, DOGE traded at $0.225.

NexGold Mining has secured a $24-million royalty agreement with Appian Capital Advisory and signed a non-binding deal for as much as $175 million in project financing to advance its Goldboro gold project in Nova Scotia, Canada. Appian will pay NexGold upfront cash for a 2.9% net smelter return (NSR) on all minerals from Goldboro until 1.25 million ounces of gold or gold equivalent are produced. After that threshold, the royalty will apply only to gold. NexGold can repurchase 1.9% of the royalty under certain conditions. The company said proceeds will go toward repaying a $12-million debt facility with Nebari and buying back a 0.6% NSR, leaving NexGold debt-free. The deal is expected to close by the end of September, pending customary approvals. NexGold also signed a letter of intent with Appian for up to $175 million in senior secured credit to fund Goldboro’s construction. Appian retains the right to negotiate for up to half of any project financing within three years of the royalty closing. “This royalty financing provides NexGold with important non-dilutive capital to help advance Goldboro towards construction, as well as deleverage the balance sheet,” chief executive officer Kevin Bullock said. Staged planning The Goldboro project, approved by the province in August after seven years of consultation and study, is expected to span 15 years, including development, 11 years of operation, and remediation. Nova Scotia has leased 7.79 sq. km of Crown land to NexGold for the mine, with operations also extending onto company-owned land. The project was the first approved under Nova Scotia’s new phased approval process for mines. Introduced in June, the reforms allow companies to submit some operational plans, such as erosion and sediment control, after receiving approval but before construction begins. Officials say the changes are designed to speed up project development while maintaining environmental safeguards. Oversight will continue throughout the mine’s lifecycle, with the Department of Environment and Climate Change monitoring compliance with approval terms.

Polkadot is back in the spotlight as traders hunt for the next 1000x crypto heading into Q4 2025. Known for its innovative parachain ecosystem and focus on blockchain interoperability, Polkadot is making a lot of fundamental upgrades and partnerships. DOT has shown signs of stabilization after a turbulent start to the year, with investors cautiously optimistic about its long-term potential. With crypto price volatility still high and retail investors swinging between FOMO and FUD, the coming months could prove decisive for DOT’s trajectory. But can Polkadot really deliver life-changing returns in 2025, or is the 1000x dream out of reach? Let’s break down recent developments, Q4 expectations, and the technical outlook for DOT. PolkadotPriceMarket CapDOT$6.56B24h7d30d1yAll time What Recent Fundamental Developments Boosted Polkadot in Q3 2025? Q3 2025 has been transformative for Polkadot, with several fundamental upgrades reshaping its ecosystem. The rollout of Asynchronous Backing boosted network throughput by 10x, while Agile Coretime introduced a pay-as-you-go model for blockspace, optimizing resource use for developers and DeFi projects. If this launches and delivers as promised, DOT could climb toward the $11 price range by year-end. However, overall market conditions, Bitcoin’s price action, and ETF-related news will remain critical factors influencing DOT’s performance. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Can DOT’s Technicals Support a Run Toward Next 1000x Crypto Gains? From a technical perspective, the DOT price has been consolidating this year in a channel between $3.30 and $5 levels since March. This has happened in 2024 from August to November, leading to a 200% gain by the end of 2024. With ETF’s decisions in November and finalization of the 2.0 upgrade, we can expect the same outcome again. (Source – TradingView) If we switch to a weekly time frame, we can see that this resistance of $11.5 extends as far as 2021. If we do manage to break the first $5 resistance, the next one is the $11.5, and after that, it basically airs up until the previous ATH. Weekly, we can also see that the price has been consolidating for three years straight. If the DOT price starts running, it would be parabolic and would send the project back to the top ranks by market capitalization. (Source – TradingView) On top of that, Polkadot staking metrics are particularly strong, with over 50% of DOT’s supply locked, a bullish signal showing long-term holders’ conviction. (Source – Dune) That said, a 1000x gain by 2025 is doubtful. Polkadot’s market cap is already sitting at $5.8Bn meaning such explosive returns would require unprecedented inflows of capital and multiple bull cycles stacked together. Even under the most optimistic projections, a 5x to 10x move appears far more realistic for this year. Still, with Polkadot 2.0 launching and adoption growing, DOT crypto remains a compelling contender for traders seeking strong upside potential without chasing vapor. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways When will the Polkadot 2.0 upgrade launch? Final decisions for Polkadot ETFs in November. The post Polkadot Crypto Prediction for Q4: Is DOT The Next 1000X Crypto in 2025? appeared first on 99Bitcoins.

Key takeaways SPX 500 pullback: Index fell -1.9% over three sessions from its all-time high, testing key support at 6,580/6,560 near its 20-day moving average.Bullish setup intact: price remains within its short- and medium-term uptrend, with momentum indicators pointing to easing bearish pressure.Sector rotation support: Consumer Discretionary’s outperformance over Consumer Staples signals potential for a bullish reversal in SPX 500.Key levels to watch: a rebound above 6,635 could extend gains to 6,670/6,680 and 6,730/6,745; failure below 6,560 risks a deeper slide to 6,530/6,460. Since hitting the latest fresh all-time high of 6,710 on Monday, 22 September 2025, the US SPX 500 CFD Index (a proxy of the S&P 500 E-mini futures) has dropped for three consecutive sessions and shed -1.9% (high to low) to print an intraday low of 6,580 on Thursday, 25 September 2025. The recent corrective pullback in the US SPX 500 CFD Index has been attributed to overvaluation concerns in mega-cap technology stocks and a potentially less dovish Fed, where a stronger US Q2 GDP growth reduced the odds of a December Fed rate cut to 58% from 79% a week ago. Let’s now focus on the latest short-term trajectory (1 to 3 days), relevant key elements, and key levels to watch for the US SPX 500 CFD Index from a technical analysis perspective ahead of today’s key US PCE data (inflation, personal income, and spending) releases. Fig. 1: US SPX 500 CFD Index minor trend as of 26 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) The three-day sell-off of 1.9% seen in the US SPX 500 Index has not damaged its short-term (minor) and medium-term uptrend phases. Maintain a bullish bias for a potential near-term recovery above 6,580/6,560 key short-term pivotal support. A clearance above 6,635 is likely to increase the odds of a bullish reversal towards the next intermediate resistances at 6,670/6,680 before the next resistance at 6,730/6,745 (Fibonacci extension cluster). Key elements The current price actions of the US SPX 500 CFD Index are still oscillating above its 20-day, 50-day moving averages and within a medium-term ascending channel in place since 22 May 2025 low.The 6,580/6,560 key short-term pivotal support of the US SPX 500 CFD Index confluences closely with the rising 20-day moving average.The hourly RSI momentum indicator of the US SPX 500 CFD Index has shaped a bullish breakout above its former descending trendline resistance, which suggests that the recent bearish momentum has eased.The relative chart of the cyclical-oriented equal-weighted S&P 500 Consumer Discretionary sector ETF versus the defensive-oriented equal-weighted S&P 500 Consumer Staples sector ETF has rebounded after retesting its 20-day moving average. This development signals continued outperformance in Consumer Discretionary over Consumer Staples, reinforcing the case for a potential bullish reversal in the US SPX 500 CFD Index.Alternative trend bias (1 to 3 days) Failure to hold at the 6,580/6,560 key short-term support on the US SPX 500 CFD Index invalidates the bullish reversal scenario for a deeper minor corrective decline sequence to expose the next support at 6,530 (also the lower boundary of the medium-term ascending channel). A break below 6,530 may trigger a deeper slide towards 6,460 (also the rising 50-day moving average) next. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

The crypto market isn’t exactly in great shape today, with BTC USD and ETH USD pairs still stuck in a brutal slump. However, not everything is in red. Newer players like Plasma(XPL), ASTER, Stable (SBTL), and Avantis(AVNT) are drawing USD liquidity in. While BTC slipped below 110K USD and ETH dropped over 2.5%, those newer coins are recording more than 100% gains at least. XPL USD pair is hitting $1.5 after launching, and ASTER USD pair is posting 3-digit percentage gains to $2.4, before correcting these past 2 days. (source – XPL/USD, TradingView) On social media, especially Twitter, the sentiment is bumping up. Posts about ASTER are wildly climbing by 190% weekly. From fuds to people posting bullish tweets, ASTER is just everywhere, thanks to CZ, Binance Founder’s involvement. People are calling it the next big perp DEX, with a growing comparison to Hyperliquid. (source – ASTER/USD, TradingView) Meanwhile, XPL is being praised for its zero-fee stablecoin transfers and actual use cases, as well as Tether’s backing. That matters in a market where ETH and BTC can’t seem to catch a break, slumping still against USD. BitcoinPriceMarket CapBTC$2.19T24h7d30d1yAll time DISCOVER: 9+ Best Memecoin to Buy in 2025 ASTER and XPL USD Pairs Catch Fire as BTC and ETH Stumble Despite the weakness in BTC ▼-1.82% and ETH ▼-2.49%, tokens like ASTER and XPL are gaining traction where it counts. According to CoinGlass, open interest in ASTER USD has exploded to more than $1 billion. (source – ASTER/USD Open Interest, Coinglass) Meanwhile DeFiLlama reports that it’s already racking up serious perp volume, even blasting above Hyperliquid with $100 billion this week alone. These while XPL attracting over 1 billion USD in bridged assets. (source – Aster, Perp volume, Defillama) The numbers show that crypto traders are rotating their USD stablecoins out of the old names and into whatever’s showing life, and lately, that’s been ASTER, XPL, AVNT, and STBL. STBL, currently priced around $0.46, has doubled this week. Backed by a $100M minting plan and backed by Tether’s CEO, it is racking up its legitimacy. AVNT, Avantis, is following a similar path. Even after a 19% correction today, it’s up 45% over the week, trading just above 1.5 USD. With RWA perps and institutional players sniffing around, AVNT USD has become one to watch. So while BTC USD and ETH USD pairs are dragging, the market is still alive.` DISCOVER: 16+ New and Upcoming Binance Listings in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 5 minutes ago Why Did Crypto Just Dropped? Bitcoin Broke Key Resistance Level By Akiyama Felix Bitcoin just broke key resistance and crashed, right after the $1.7 billion total crypto liquidation four days ago, followed by another crypto liquidation clocking at $1.12 billion. However, ETH is leading the liquidation numbers with $425M long liquidations over the $272M BTC. More than 250.000 traders were liquidated, with the largest single liquidation happening on Hyperliquid, an ETH-USD pair with a value of $29.12 million. Is this going to be the bottom that traders are looking for in October, or is this the start of the bear market? Let’s find out. (Source – Coinglass) Read the full story here. The post Latest Crypto Market News Today, September 26: Plasma (XPL), ASTER, Avantis (AVNT), and STBL Correcting as BTC USD and ETH USD Pairs Stay in Hell appeared first on 99Bitcoins.

The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at 1.3947, up 0.05% on the day. Canada's GDP expected to post 0.1% gain Canada's economy hasn't looked all that sharp, with three straight monthly declines in GDP. The markets are expecting a slight improvement in July, with a consensus of 0.1% y/y. The economy has been hurt by the trade war with the United States, with trade talks ongoing but no breaktrhough in sight. US tariffs have been particularly detrimental to the manufacturing sector, which slipped 1.5% y/y in June. The Bank of Canada lowered rates by a quarter-point earlier this month, bringing the benchmark rate to 2.5%, its lowest level since July 2022. The BoC didn't reveal much in terms of forward guidance at the meeting, as policymakers keep their options open. Weak economic growth and a slowdown in the labor market support further rate cuts, but sticky inflation is a reason for the BOC to stay on the sidelines. There is a strong likelihood of a December rate cut, although October is also a possibility, especially if inflation moves lower. The US releases the PCE Price Index, which is the Federal Reserve's preferred inflation indicator. The markets are expecting a small increase in inflation in August, to 2.7% y/y from 2.6% y/y in July and 0.3% from 02%. With inflation largely under control, the Federal Reserve's priority has shifted to the US labor market. The last two nonfarm payrolls reports showed marginal job growth and missed expectations, raising concerns that the labor market is quickly losing steam. If next week's nonfarm payroll report is soft, it could cement an October rate cut. USDCAD Technical 1.3965 is under pressure in resistance. Above, there is resistance at 1.3990.1.3925 and 1.3900 are providing support USDCAD 1-Day Chart, September 26, 2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Ethereum has fallen below the $4,000 level for the first time since early August, marking a significant shift in market sentiment. After weeks of strong performance, ETH has now lost nearly 20% of its value since September 13, leaving many traders concerned about the next move. The broader market correction has fueled uncertainty, but some analysts argue this is a necessary reset that could prepare the ground for renewed growth. Top analyst Darkfost highlights that Ethereum’s Open Interest is experiencing one of its biggest resets. He notes that after an extended period of bullish momentum, excess leverage has been punished, leading to a sharp contraction in positions. This decline is especially visible on Binance, where much of the recent ETH trading activity has taken place. While the drop in price and sentiment appears negative, analysts see potential positives in this reset. Lower Open Interest often reduces the risk of cascading liquidations and allows the market to stabilize. For Ethereum, this moment may serve as a critical test of its ability to hold strong levels of support and set the stage for its next move once bullish momentum returns. Ethereum’s Open Interest Reset Marks a Turning Point Darkfost explains that the recent shift in Ethereum’s Open Interest is not only significant but also one of the sharpest resets observed since the start of 2024. Historically, such resets follow periods where excessive leverage pushes Open Interest to unsustainable levels, as was the case for ETH in recent weeks. The cryptocurrency had been attracting a large share of market attention, fueled by ETF enthusiasm and strong accumulation patterns, which left it vulnerable to sharp liquidations. Once liquidations accumulate and Open Interest falls, the immediate selling pressure often begins to ease. This tends to create conditions where the market can stabilize and, in some cases, prepare for recovery. The dynamic can be seen as a “cleansing” effect, flushing out overextended traders and restoring balance to the market structure. In detail, Binance recorded the steepest monthly average decline, with more than $3 billion in Open Interest wiped out on September 23rd, followed by another $1 billion yesterday. Bybit also faced a reduction of $1.2 billion, while OKX dropped around $580 million. These figures underscore the scale of the reset across major derivatives platforms. This contraction reflects a broader market reset, unwinding an environment that had become dangerously over-leveraged. For Ethereum, it may mark the beginning of a healthier phase, where reduced speculative pressure allows organic demand and fundamentals to play a stronger role in shaping the next trend. Price Action Insights: Testing Critical Levels Ethereum (ETH) is trading near $3,939, marking a sharp decline of over 5% in the latest session and extending its correction since the early September peak above $4,700. This drop has brought ETH below the key $4,000 psychological level for the first time since August, signaling rising selling pressure. The chart shows ETH breaking down after forming a double top pattern around the $4,700–$4,800 range, a classic bearish signal that suggested exhaustion of upward momentum. The rejection from this zone has now pushed ETH closer to its 50-day moving average (blue), which previously acted as strong support during the rally. A decisive close below this line could open the door to a deeper retrace toward the 200-day moving average (red), now positioned near $3,100–$3,200. Despite the current weakness, ETH remains in a broader uptrend when viewed from the July low near $2,200. That rebound established a strong bullish structure, and as long as ETH holds above the $3,500–$3,600 region, the long-term outlook remains constructive. For now, bulls must reclaim $4,200 to regain momentum, while failure to hold current levels may accelerate selling pressure and test deeper supports in the coming sessions. Featured image from Dall-E, chart from TradingView

On September 25, 2025, nine European banks formed a consortium to develop a euro-backed stablecoin, set to launch in the second half of 2026. The consortium has created a new Netherlands-based company to issue the token. The central European banks forming the consortium include UniCredit (Italy), ING (Netherlands), DekaBank (Germany), Banca Sella (Italy), KBC Group (Belgium), Danske Bank (Denmark), SEB (Sweden), CaixaBank (Spain), and Raiffeisen Bank International (Austria). The goal is to challenge dollar dominance in stablecoins. The current stablecoin market is almost entirely dominated by the US dollar via $USDT ($173B market cap) and $USDC ($74B). Thus, most global crypto and digital payments rely on USD rather than EUR. Another possible reason could be Europe’s intention to attain strategic autonomy. Europe stepping in with its own stablecoin is seen as an effort to create an alternative to $USDT and $USDC, while also regaining control over digital payments and settlements. As Europe takes a bold step towards launching its own stablecoin, investors’ interest in crypto projects and utility-driven tokens with real momentum is rising. One standout is Best Wallet Token ($BEST), a token backing a mobile-first crypto wallet. It’s currently in presale, having raised over $16.1M to date. Europe’s Big Push for Regulated Euro Stablecoins and Digital Sovereignty With the EU’s MiCA regulation offering a clear framework for stablecoin issuance, Europe has a safer backdrop to launch euro-backed stablecoins. This context already makes for an optimistic outlook. In light of the news, several European leaders and officials also voiced their positive opinions on a Euro stablecoin: Floris Lugt, ING’s digital assets lead, noted that stablecoins can speed up cross-border payments and cross-currency settlements. A recent ING press release covering Lugt’s statement went on to further explain how stablecoins can automate business transactions and improve supply chain payments. Similarly, ECB Governing Council member Joachim Nagel called the digital euro an essential milestone for EU financial sovereignty. Francois Villeroy de Galhau, Governor of the Bank of France, warned that if Europe falls behind the US stablecoin’s growth, the continent risks being dominated by private, dollar-backed stablecoins in the future. The EU’s bold new move is welcomed by retail and institutional investors worldwide considering the potential growth of the stablecoin market, with analysts estimating stablecoins potentially handling $100T–$200T in annual payments by 2030. The growth of stablecoins may not only benefit banks but also boost demand for secure stablecoin wallets and related utility tokens, such as Best Wallet Token ($BEST), which is already undergoing a booming presale. Its wallet app already powers onramping, secure storage, transfers, and swaps for stablecoins and other tokens across top blockchains. Best Wallet Token ($BEST) – Utility Crypto with a Secure, Multi-Chain Wallet and DeFi Features Best Wallet Token ($BEST) is the native token of Best Wallet, a top-notch multi-chain asset storage offering seamless access to crypto onramping, DeFi platforms, and integrated decentralized swaps. Within this ecosystem, $BEST provides exclusive holder benefits, including: Governance rights, Reduced trading fees, Higher staking rewards in the upcoming staking aggregator, Access to vetted Stage Zero presales in the app’s launchpad. Learn more about Best Wallet Token with our guide. Then, we have Best Wallet, which is on a mission to capture 40% of the crypto wallet market by the end of 2026. As with any scaling crypto storage ecosystem, Best Wallet has built its own token to keep users engaged, fund growth, and build community ownership. The Best Wallet ecosystem itself stands out as a highly promising platform thanks to its comprehensive roadmap. It includes upcoming features such as the staking aggregator we mentioned, plus a crypto debit card, integrated market analytics, and derivatives trading. By the end of stage 4, this app will be an all-in-one crypto solution for retail traders. Backed by this vision, the $BEST token provides investors with direct exposure to the ecosystem’s growth. For early investors, it offers the added advantage of securing tokens at a lower price, positioning them to benefit most as the Best Wallet expands into multi-chain finance. $BEST Token Presale Is Booming, Attracting Whale Buyers $BEST’s presale has gained strong momentum, already raising $16.1M. Whales are now circling in, staking their bags with $BEST worth $70.2K and $50.9K, a clear reflection of the project’s strong upside potential. With the token currently priced at $0.025695 and our $BEST price prediction forecasting 98% growth in 2026, this could make a good long-term play for investors who seek to diversify. If our expert $BEST predictions come to fruition, a $500 investment in $BEST today could grow to around $685 by the end of 2025 (at $0.035215) and nearly $994 by 2026 (at $0.05106175) in price appreciation. New adopters can also lock in dynamic staking rewards (currently 82% APY). But rewards will naturally taper as more participants join, making the earliest investors the biggest winners. With staking at 82% APY and considering the most bullish forecasts, your $500 investment today could swell to roughly ~$1,808 after one year ($814.76 of that coming from staking rewards alone). This is assuming the APY and prediction hold. With the subsequent presale price rise set for tomorrow, now is the chance to secure $BEST at lower-tier prices. Visit the $BEST token presale now. This is not financial advice. Always do your own research before investing in crypto, as the market is highly volatile. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/9-european-banks-stablecoin-consortium-fight-dollar-dominance/

From a technical standpoint, repeated bounces from the key support zone of 1.3725–1.3720 and yesterday's breakout above the psychological level of 1.3900 can be viewed as a new catalyst for the bulls in the USD/CAD pair. Oscillators on the daily chart remain in positive territory and are far from the overbought zone. A break above the resistance level at 1.3850 would confirm the likelihood of continued upward momentum toward the psychological level of 1.4000. This level also coincides with the 200-day simple moving average (SMA), and a successful breakout above it would open the path for further continuation of the bullish trend observed over the past two weeks. In the event of a corrective pullback, it may be seen as a buying opportunity, with downside limited near the 1.3900 level. However, a drop below yesterday's low around 1.3885 would open the way toward the next significant support at 1.3850. Further downside could see the USD/CAD pair move toward the key level of 1.3800. A sustained break below this threshold would put the bullish scenario into question and could lead to a decline below the support zone of 1.3770, which aligns with the 100-day SMA, potentially testing the range of 1.3725–1.3720. The material has been provided by InstaForex Company - www.instaforex.com

As of yesterday's close, major US stock indices ended lower. The S&P 500 fell by 0.50%, while the Nasdaq 100 lost 0.50%. The industrial Dow Jones retreated by 0.38%. Global equities continue to slide for the fourth straight day, as concerns over high valuations and mixed signals from Federal Reserve officials regarding interest rates have dampened investor sentiment. Traders are digesting the latest economic data and Fed commentary as they try to gauge the future course of monetary policy. Uncertainty is mounting due to diverging opinions within the Fed about the timing and scope of future rate cuts. Some officials emphasize the importance of further data analysis before making decisions, while others hint at the possibility of more rapid policy easing. The MSCI All Country World index declined by 0.1%, marking its longest losing streak in a month. Asian indices dropped by 0.8%, the sharpest fall in September. Shares of pharmaceutical companies plunged after President Donald Trump announced a 100% tax on branded or patented pharmaceuticals. The S&P 500 futures were little changed, while Nasdaq 100 futures fell by 0.1%. European contracts rose by 0.4%. The dollar index held near a three-week high, and Treasury yields traded in a narrow range, focusing investors' attention on the Fed's preferred inflation measure, which is due out today. After a $15 trillion rebound in global equities from the April lows, traders are now faced with a wall of uncertainty as renewed tariff headlines again unsettle markets. Upcoming Fed actions, corporate earnings season, and the threat of a US government shutdown are also weighing on sentiment. Focus now shifts to Friday's inflation report after strong US GDP data have complicated the outlook for further rate cuts. Curerncy markets have slightly pared back expectations for Fed rate cuts following the GDP release, now projecting a decrease of around 40 basis points by year-end. Disagreements within the Fed about rate dynamics are adding to the uncertainty. Fed Governor Steven Miran stated yesterday that the US central bank risks harming the economy if it fails to act quickly to cut interest rates. He disagreed with last week's decision to cut by a quarter percentage point, favoring a half-point reduction. His colleague Michelle Bowman also said yesterday that inflation is sufficiently close to the central bank's target, justifying further easing as the labor market weakens. Meanwhile, Chicago Federal Reserve President Austan Goolsbee voiced ongoing concerns about tariff-driven inflation and dismissed any calls for "front-loading" or multiple rate cuts. In other markets, oil posted its largest weekly gain in over three months amid renewed Trump pressure on buyers of Russian energy. Gold traded just below its all-time high, marking a sixth week of gains. Technical outlook for S&P 500: Today, the main objective for buyers will be to break through the nearest resistance at $6,616. This would pave the way for further growth and a possible move to $6,630. Additionally, holding above $6,648 would help strengthen the bulls' position. On the downside, if risk appetite decreases, buyers must defend the $6,603 level. A break below would quickly push the instrument down to $6,590 and open the path to $6,577. The material has been provided by InstaForex Company - www.instaforex.com

Overview: The dollar rallied in North America yesterday and the foreign exchange market seems to be waiting for its leadership again today. Against the G10 currencies, the greenback is consolidating in narrow ranges near yesterday's best levels without advancing. The dollar is mixed against the major currencies but is not much more than +/- 0.15%. Emerging market currencies are mixed with most of Asia Pacific currencies a little lower and central Europe slightly firmer. The news stream is light. Besides the unexpected flat Tokyo September CPI, the market is digesting a rash of new tariff announcements by the US. They include 100% on non-generic pharma (with an exemption for companies building facilities in the US) 25% on heavy trucks, 50% on kitchen cabinets/vanities, and 30% on upholstered furniture. The details and impacts are still be thought through. Asia Pacific equities tumbled, led by a nearly 2.5% slide in South Korea, a 1.7% drop in Taiwan, and a nearly 1.4% loss in Hong Kong. European pharma may (or may not) be protected by the previous 15% levy agreement, and the Stoxx 600 is recouping about half of yesterday's 0.65% decline. US index futures are narrowly mixed. European benchmark 10-year yields are 1-2 bp softer, while the US 10-year yield is little changed slightly below 4.17%. Just as 4.0% marks the lower end of the range (on a closing basis) the 4.20% marks the upper end of the recent range. Gold is trading sideways, and like yesterday, remains in Wednesday's range (~$3717-$3779). November WTI edged up to a marginal new high near $65.40 before meeting sellers that pushed it back to about $64.80. The 200-day moving average is near $64.35. It settled around $62.40 last week. If the nearly 4% gain this week is sustained, it would be the largest weekly advance since June. USD: The Dollar Index is firm. It absorbed offers near 98.00. Overcoming resistance near 98.25 sent it to 98.60 area. It is in a narrow range near yesterday's highs (~98.30-55). The 98.70 area is the (61.8%) retracement objective of the slide since August 1. It also corresponds to the highs going back to the middle of August. Above there could target 99.30. DXY is poised for its first back-to-back weekly gain since July. The US reports personal income, consumption, and deflators today. Income is expected to have risen by 0.3% and consumption by 0.5%. However, the nominal rise in consumption is largely a function of higher prices. In real terms, consumption expenditures have not grown this year (monthly average through July is zero). The Fed targets the headline PCE deflator, yet the media insists on calling the core deflator the Fed's "preferred measure". In any event, the CPI and PPI reports contain the signal and deviation of the PCE deflators from expectations tends to be largely a rounded error. Late yesterday, the US announced that effective October 1, there will be a 100% tariff on patented drugs (not generics), unless capacity is being built in the US, a 25% tariff on heavy trucks, 50% on kitchen cabinets and vanities, and a 30% levy on upholstered furniture. Meanwhile, a partial federal government shutdown next week seems increasingly likely, and it could very well disrupt the economic releases, including next Friday's scheduled jobs report. To the extent that a government shutdown weighs on the economy, US yields may ease and could weigh on the greenback. Of course, the longer the shutdown the more impactful. EURO: The ECB's survey of inflation expectations rose for the next year from 2.6% to 2.8% while remaining steady on a three-year outlook at 2.5%. The market impact is minimal at best. The euro was sold through the trendline drawn off the August and September lows. The break of $1.1700 sent the euro to almost $11.645 yesterday. It has recovered to almost $1.1690 today as the previous support, $1.1700 now, may serve as resistance. The five-day moving average looks poised to cross below the 20-day moving average early next week, the daily momentum indicators have turned down, and the US two-year premium over Germany has widened to more than 160 bp to reach its widest in three weeks. CNY: The broadly US dollar gains helped lift it against the Chinese yuan. It posted a small weekly advance against the offshore yuan for only the third time since the end of July. The dollar traded above CNH7.14 for the first time in around three weeks and nearly reached CNH7.1500. It is trading quietly in a CNH7.1400-60 range. Rather than lead the price action, the PBOC's dollar fix seems to reflect the price action. The PBOC set the dollar's reference rate at CNY7.1152 (CNY7.1118 yesterday), which is the highest in a month. As a firmer greenback emerged, the yuan traded better against other currencies and was among the strongest emerging market currency this week. JPY: Last week, the US 10-year yield slipped on an intraday basis below 4.0%, a five-month low. It reached almost 4.20% yesterday, a three-week high. This helped lift the dollar to almost JPY150. That is the highest level since the August 1 high near JPY150.90. For the second consecutive session, it settled above the 200-day moving average (~JPY148.50) for the first time in seven months. It also above the upper Bollinger Band yesterday (~JPY149.55 today). The dollar is consolidating in a tight range above JPY149.60 and below JPY150. Tokyo's September CPI, which offers a robust signal of the national forces, surprised with steady prints after falling for the past three months. The headline and core rates were unchanged at 2.5%. The measure that excludes fresh food and energy slipped to 2.5% from 3.0%. Still, the weaker yen profile, and the two dissents for higher rates at the recent BOJ meeting has impacted expectations and the swaps market sees the greatest chance of a hike this year since late July, slightly below 80% and is little changed today after the Tokyo CPI. GBP: Sterling's slide was extended to about $1.3325 yesterday. It surpassed the (61.8%) retracement of its rally since August 1 (~$1.3365) and set a new low for the month. It settled below its lower Bollinger Band (~$1.3345 today). It is trading between $1.3330 and $1.3370 today. Without a strong recovery today, it will be the second consecutive weekly loss for sterling, and the 0.80% setback would be the most in a couple of months. The daily momentum indicators are trending lower, and the five-day moving average crossed below the 20-day moving average in the middle of the week, CAD: In the firm US dollar environment yesterday, the Canadian dollar performed best in the G10. It fell by about 0.35%. The greenback reached a new high for the month near CAD1.3950. It continues to trade firmly but in a narrow range, holding above CAD1.3925. Above yesterday's high, little stands in the way of CAD1.40, which also is around where the 200-day moving average is found. The US dollar has not settled above CAD1.40 since early April. The (38.2%) retracement of this year's USD dollar decline is found around CAD1.4020. Canada reports July GDP today. The monthly GDP contracted by 0.1% each month of Q2. The median forecast in Bloomberg's survey is for a 0.1% expansion in July. AUD: The sell-off that began in the middle of last week with a key downside reversal from the year's high slightly above $0.6705, was extended to $0.6525 yesterday to meet the (61.8%) retracement of the rally that began in mid-August. It remains pinned near the lows and has not been above $0.6545 today. The next immediate target is around $0.6480-$0.6500. The five-day moving pushed below the 20-day moving average yesterday for the first time since late August. The daily momentum indicators have turned lower. The Reserve Bank of Australia meets next week, and there is little chance of a change in the 3.60% cash rate target. MXN: As widely expected, Mexico's central bank delivered a quarter-point cut yesterday, which brought the overnight rate target to 7.50%. The dollar reached almost MXN18.5650 before the rate announcement. The dollar's gains were pared in late dealings and settled below MXN18.50. Recall that in July and August, the greenback forged a shelf near MXN18.51. The 20-day moving average is slightly above that now. The dollar slipped to about MXN18.45 before steadying today. It has mostly held below MXN18.51. Most Latam currencies fell in the wake of the greenback's recovery. The notable exception was the Argentine peso, which rallied for the fourth consecutive session as the promise of US assistance and the cut in the export tax on agriculture goods has spurred the buying. Its roughly 9.3% rally this week coming into today offset the losses of the past three weeks. The dollar is reached its lowest level against the Argentine peso since late August; peso's recovery appears to be stalling. Mexico reports its August trade figures today. Through July, it recorded an average monthly surplus of almost $203 mln. In the Jan-July 2024 period, the average monthly deficit was nearly $1.734 bln. In the first seven months of the year, Mexico's exports have risen by about 4.2% and imports have increased by 2%, Disclaimer

If you’re a TRX holder, it’s time to start worrying. Get ready to wrap your head around major changes unfolding in the multi-billion-dollar stablecoin space, a court Tron has dominated for years. Yesterday, the Plasma mainnet launched, and contributors, even those who supplied just $1, received over 9,300 XPL tokens for free. It was a classic airdrop, the kind designed to spark FOMO, of which Plasma delivered in spades. At press time, those 9,300 XPL tokens are worth more than $10,000, with the XPL USD price defying gravity and climbing higher. Patient HODLers could emerge as big winners in the weeks ahead. For the less patient, selling might be the path of least resistance, especially now that XPL boasts ample liquidity across multiple exchanges, including Binance. On Coingecko, XPL USD is holding firm above $1.20. Thanks to its explosive growth on September 25, its market cap has surged past $2.3 Bn, catapulting Plasma higher and cementing its position as one of the best cryptos to buy. More than 18 hours after launch, Plasma remains a trending topic, with trading volumes climbing steadily across major exchanges. This surge signals strong investor interest, even as the broader market grapples with a sell-off. (Source: Coingecko) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 What Is Plasma, and Why Is XPL USD So Hot? Plasma isn’t just another layer-1 blockchain; it’s a powerhouse with serious backing. Like Bitcoin, it’s a public chain, but unlike general-purpose platforms such as Ethereum or Solana, Plasma is laser-focused on powering stablecoins, especially USDT from Tether. This focus makes perfect sense. While there’s no direct tie to Tether Holdings, Plasma is supported by Bitfinex, whose owners also control the USDT issuer. Beyond Tether, which issues USDT, the world’s largest stablecoin by market cap, Plasma draws heavyweight investors like Peter Thiel, the renowned backer of successful crypto ventures, including Riot Mining. Technically, what sets Plasma apart is its ground-up design for efficiency. Scalability is baked in, but the real magic lies in enabling near-zero-fee USDT transfers through a specialized paymaster system. It hit the ground running, attracting over $2Bn in commitments moments after launch. More than 50 DeFi partners, including crypto heavyweights like Aave, Ethena, and Curve, are already live on Plasma. Furthermore, less than a day in, over $1.1Bn in stablecoins have been bridged from Ethereum and Arbitrum via LayerZero. (Source: Dune) If XPL USD ticks higher, the expected XPL FOMO will only fuel further adoption. Whether this becomes Tron’s undoing is anyone’s guess. Justin Sun and the Tron team will almost certainly fight back. As Plasma encroaches, the pressure mounts on Sun to safeguard his network, especially since most of Tron’s fees stem from USDT transfers. Any exodus could leave the chain exposed. So far, Sun hasn’t uttered a word about Plasma or XPL on X. That said, cracks are appearing in TRX, much like in BTC USD. TRX USD has dropped nearly -10% from its August highs but remains steady above $0.30, a critical support level. If TRX ▲0.16% trends lower today, holders may panic-sell, accelerating a potential slide toward $0.25 in a bearish continuation pattern. TronPriceMarket CapTRX$28.91B24h7d30d1yAll time DISCOVER: 10+ Next Crypto to 100X In 2025 Plasma XPL Explodes, Tron TRX USD In Trouble? Plasma mainnet is now live XPL airdrop triggers crypto FOMO XPL USD surges after listing Is Tron and TRX USD in trouble? The post Plasma XPL Explodes: Is This the Beginning of the End for Tron TRX USD and Justin Sun’s Empire? appeared first on 99Bitcoins.

XRP contracts by 6% in a week after failing to break the psychological barrier at $2.80. The bearish performance erased over $18B in value as a result of heavy selling, much of which took place yesterday. A failure to maintain the $2.75 support level could cause a crash to $2.70, further fueling the bear sentiment. The dire performance comes despite the recent inclusion of XRP, alongside Bitcoin, Ether, Solana, and Stellar, in the Hashdex Nasdaq Crypto Index US ETF, the ‘first multi-asset spot crypto ETP in the United States’. However, this bearish sentiment may be misplaced and a strong correction may arrive this coming October, which could set $XRP on track to a new ATH. Maxi Doge ($MAXI) also stands to gain a lot during the coming bull market, as the $2.5M presale is already turning heads. Why $XRP is Bullish for Q4 2025 The case for an XRP bull in October and, more broadly, for the entire Q4, rests on several strong points. The first is Ripple’s stablecoin, RLUSD, launched in December 2024, backed 1:1 by traditional assets like the US dollar and governmental bonds. The asset comes with extensive utility, including allowing for instant settlement for cross-border payments and creating a bridge between tradfi currencies and the crypto ecosystem. Next we have Ripple applying for banking status back in July 2025, with CEO Brad Garlinghouse stating in an X post: —Brad Garlinghouse, X post Combined with the multiple $XRP ETFs, currently awaiting approval from the SEC, this imbues the asset with legitimacy and long-term utility, which goes against the current bear trend. This explains why prominent figures in the crypto space, like the president of NovaDius Wealth Management, Nate Geraci say that people underestimate the investor demand for spot $XRP ETFs. But given all this bullish context, why the drop? The answer is simple: because Bitcoin dropped. Bitcoin itself is on a downward spiral over the last seven days, dropping 7% from $117,000 to a new three-week low of $108,776. As expected, Bitcoin’s high-brow performance impacted the whole market, kickstarting mass sales, which further fueled the bearish sentiment. Things are set to change in October, as the next FOMC meeting draws close, promising to spoil us with another rate cut after the one on September 17. The coming bull wave should push $XRP to a new ATH and bring more eyes on projects like Maxi Doge ($MAXI), which promise to take the meme market by storm. How Maxi Doge Turns Risk-Driven Investments Mainstream Maxi Doge ($MAXI) is not your typical meme Shiba Inu. This doggo takes crypto investing to new heights under the mantra of ‘Retire at 22’, which is enough to fuel armies of degen traders. Maxi Doge is more than a meme, it’s a movement. One fueled by gallons of Red Bull and Maxitren 9000 and a complete lack of self-preservation. Maxi only trades at 1000x leverage, buys green candles, and doubles down with every dip. It is the dream ecosystem for degen traders who take the ‘no pain, no gain’ philosophy literally. The presale raised $2.5M so far and offers $MAXI at $0.000259, which recommends the project as one of the best crypto presales of 2025. Based on Maxi’s presale performance, charisma, and unhinged attitude, we expect this doggo to rival Dogecoin in terms of influence and market impact If you want to join the Maxi hype, head over to the official presale page and buy your $MAXI stack today. This rewards you with a dynamic staking APY of 133% and gives you access to a growing community which could turn Maxi into the next Dogecoin. This isn’t financial advice. Always do your own research (DYOR) before investing. Authored by Aaron Walker, NewsBTC: https://www.newsbtc.com/news/maxi-doge-as-best-crypto-presale-amidst-xrp-and-bitcoin-sharp-drop

XRP fell about 8% since last week and dropped below the $3 psychological mark, trading near $2.74 after a sell-off that followed rejection at $2.95. According to Sistine Research, a pattern of tightening price action — known as a compression phase — is forming again, and that pattern could set the stage for a sharp move once buyers or sellers push price out of the narrow range. Compression Phase Returning Based on reports from Sistine Research, XRP has entered its third major compression phase since the US election last November. In plain terms, price swings have grown smaller as trading has concentrated into a tighter band. That shrinking range can build pressure. When that pressure releases, price can move quickly because there are fewer orders nearby to slow the move. Liquidity Gaps Could Amplify The Breakout Market watchers point to liquidity gaps as a key reason any breakout might be sudden. Based on the explanation given by researchers, buy and sell orders cluster inside the compressed range. That leaves thin order books just outside the band. If XRP breaks up or down, those thin spots mean less friction and a higher chance of rapid price movement. History Shows Compression Can Precede Big Gains Past cycles for XRP back up the basic idea that compression can precede big moves. In early 2017, XRP rose from about $0.0054 in February to roughly $0.43 in May — a move that amounted to a nearly hundred-fold gain over roughly three months. Analyst Targets Add Fuel To The Debate No single price target was set by Sistine Research, but other analysts have published bold scenarios. Matt Hughes has mapped Fibonacci extension levels at $8.30, $13.39, and $26.63, and projects a potential 770% rally to some of those zones. According to his math, a stake of 40,000 XRP could be worth more than $1,000,000 at the highest target. Those projections are being used by bullish traders as reference points, while skeptics warn that big targets come with big risks. ‘Patterns Repeat, But You Keep Ignoring It’ Meanwhile, Egrag Crypto, a well-known XRP bull, has reiterated that historical patterns provide clues and has criticized lower forecasts as misleading. According to his commentary, the same setups that preceded previous rallies are reappearing now, and those who dismiss them may be underestimating upside potential. What Traders Should Watch Short-term traders will likely monitor support near current levels and watch order flow around $2.95. A clear breakout above the tight band could trigger fast moves if liquidity gaps remain; conversely, a failure to hold support could lead to a quick drop. Based on reports, the coming weeks could be decisive for XRP’s next directional move. Featured image from Meta, chart from TradingView